Our journey to financial independence

Milestone – 10.000 EUR in Shares

I would like to share one exciting milestone that we accomplished lately – as title says our investments into shares has surpassed 10 kEUR mark after purchase of PG last week. I know its not that important what is the investment value, but it is more important how much dividends cash flow it creates, but its nice to celebrate these little achievement. 🙂

I keep track of my portfolio on Google Finance, which I find one of most handy tools for companies financial analysis. And looking at the chart I find it amazing how putting aside few hundred euros each month could have accumulated such amount is just over 3,5 years. And the growth is quite steady if you look at the chart.

The most important thing is that this, now 5 figure, investment portfolio will generate us passive dividend income of over 360 EUR each year or 30 EUR/mo. I know I know its nothing compared to other dividend investors that have portfolios that generates 5 figure annual income, but hey our income is not 6 figures either 🙂 Reinvesting dividends received will to that compounding dividend magic in long run and hopefully we should reach our ultimate goal – to become financially independent till Y2035.

So lets celebrate this little achievement! How is your investment portfolio doing? Did you crossed any exciting mark lately? 🙂

Hi P2035,
Congrats on a great milestone! As a fellow Lithuanian, I know that it is not that easy to reach this amount for a small investor. I am still working towards it and haven’t even reached the 5K mark yet. But I guess everything comes with time and I just need to keep working on it 🙂
Looking forward to see when the next milestone comes up. As they say, “The first 100k is the most difficult”! 🙂
-BI

You are tottaly right BI 🙂 In US such portfolio is something that people reach at first years, but here ir LT it is something. Good luck with your 5 kEUR mark. Just keep investing and it is inevitable 🙂

Well i doubt that inflation is higher then 4% and rememver that dividends at least for us stocks are rising each year. Also take into account the dividend reinvestment effect (dividenda from dividends). Crypto is a total fiancial pyramid which is by no means is a investments. Its a tottal speculation. P2P i thinks is a trash lending like fast credits. You lend money to people that dont get funding from banks. I stick to more conservative DGI strategy 🙂

great milestone! I did notice that in recent years you have switched totally from Baltics to USA market. you don’t see any new stocks to buy in Baltics, oe you have decided to leverage your risks by adding stable USA stocks?
personally have reached slightly higher milestone – though fully on baltics market, as USA marker due to current and future EUR/USA exchange rate is over expensive to get similar cash flow as in Baltics (inc taxes + fees)
have you had a time check new planned IPOs in Baltics? Novaturas and Tallin port? they look interesting div type of stocks (with of course different type of risks and type of business cycles)

Hi Jaronimo. Nice to hear on your milestone. Nope im out of Baltics for good. I want more stability with dividends. None of Baltic companies pay stable and increasing dividends. For ex my largest holdings OEG, TVEA, HAE all cut their dividends. Also Telia and so on. There is zero stability in baltic dividends. Yes the yield is better and tax is better but one day is there and other is gone 🙂